COMPANY·HISTORIES
NAIC 332912

Fluid Power Valve and Hose Fitting Manufacturing (pt)

How the companies in this industry began, and the forces that shaped them.

20companies1865–1966founding years20still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
FoundedCrane Co.FoundedCrane Co.
1865
FoundedFisher Controls International, LLCFoundedFisher Controls International, LLC
1888
1903
TechnologyThe Wright brothers achieve powered flight.
1908
TechnologyThe Ford Model T brings the automobile to the middle class.
FoundedApplied Power Inc.FoundedApplied Power Inc.
1910
FoundedEaton CorporationFoundedEaton Corporation
1911
1913
EconomyThe Federal Reserve is created.
1914
EconomyWorld War I begins; global trade reorders.
FoundedCurtiss-Wright Corporation
1929
EconomyThe stock market crashes; the Great Depression begins.
1933
EconomyNew Deal reforms reshape banking and industry.
FoundedMartin-Baker Aircraft Company LimitedFoundedMartin-Baker Aircraft Company Limited
1934
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long postwar expansion begins.
FoundedWhittaker CorporationFoundedWhittaker Corporation
1947
TechnologyThe transistor is invented at Bell Labs.
FoundedSpirax-Sarco Engineering plcFoundedSpirax-Sarco Engineering plc
1952
1956
EconomyThe Interstate Highway program remakes commerce.
1958
TechnologyThe integrated circuit is demonstrated.
FoundedTyco International Ltd.FoundedTyco International Ltd.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedA-dec, Inc.
1966
1970
EnvironmentThe EPA is founded; environmental regulation expands.
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
1979
EconomyA second oil crisis drives inflation higher.
1980
EnvironmentSuperfund law makes polluters pay for cleanup.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall 22% in a single day.
1990
EnvironmentThe Clean Air Act amendments tighten emissions limits.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Crane Co. →
Active · founded 1865
Crane Co.
Crane Co. →
Active · founded 1865
Crane Co.
Fisher Controls International, LLC →
Active · founded 1888
A global designer, manufacturer, and supplier of control valves and regulators, Fisher Controls International, LLC is…
Fisher Controls International, LLC →
Active · founded 1888
A global designer, manufacturer, and supplier of control valves and regulators, Fisher Controls International, LLC is…
Applied Power Inc. →
Active · founded 1910
Applied Power Inc.
Applied Power Inc. →
Active · founded 1910
Applied Power Inc.
Eaton Corporation →
Active · founded 1911
Eaton Corporation is a diversified industrial manufacturer whose operations are divided into four main groups: fluid…
Eaton Corporation →
Active · founded 1911
Eaton Corporation is a diversified industrial manufacturer whose operations are divided into four main groups: fluid…
Curtiss-Wright Corporation →
Active · founded 1929
The Curtiss-Wright Corporation (CWC), built on two of the most esteemed names in American aviation history, has evolved…
Curtiss-Wright Corporation →
Active · founded 1929
The Curtiss-Wright Corporation (CWC), built on two of the most esteemed names in American aviation history, has evolved…
Martin-Baker Aircraft Company Limited →
Active · founded 1934 · United Kingdom
Martin-Baker Aircraft Company Limited is the world's leading producer of ejection seats.
Martin-Baker Aircraft Company Limited →
Active · founded 1934 · United Kingdom
Martin-Baker Aircraft Company Limited is the world's leading producer of ejection seats.
Whittaker Corporation →
Active · founded 1947
Whittaker Corporation, once a $2 billion conglomerate, operates as the parent company of Whittaker Controls Inc.
Whittaker Corporation →
Active · founded 1947
Whittaker Corporation, once a $2 billion conglomerate, operates as the parent company of Whittaker Controls Inc.
Spirax-Sarco Engineering plc →
Active · founded 1952 · United Kingdom
By then, Spirax-Sarco had been forced to overcome a bump in the late 1990s, after the company shut down its Allentown…
Spirax-Sarco Engineering plc →
Active · founded 1952 · United Kingdom
By then, Spirax-Sarco had been forced to overcome a bump in the late 1990s, after the company shut down its Allentown…
Tyco International Ltd. →
Active · founded 1962 · Bermuda
Tyco International Ltd.
Tyco International Ltd. →
Active · founded 1962 · Bermuda
Tyco International Ltd.
A-dec, Inc. →
Active · founded 1966
Located on the A-dec Technical Park campus in Newberg, Oregon, A-dec, Inc.
A-dec, Inc. →
Active · founded 1966
Located on the A-dec Technical Park campus in Newberg, Oregon, A-dec, Inc.
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